Employment traits information from The Convention Board
- Prior was 110.37 (revised to 110.68)
- 2 of 8 elements decrease
- Full report
It is a composite index of jobs information that is already on the market nevertheless it highlights a number of the challenges round job losses. The discharge additionally highlights terminations as a consequence of vaccine mandates as a headwind.
“The Employment Traits Index has flattened since July, suggesting it might be a number of months
earlier than the tempo of job development regains the momentum of earlier this yr,” mentioned Gad Levanon, Head of
The Convention Board Labor Markets Institute. “The chief offender behind lagging job development has been
the summer season surge in COVID-19 infections related to the Delta variant. Spending on-and hiring in-
in-person companies considerably slowed in latest months. With new circumstances now trending downward, the
danger of an infection appears poised to say no over the remainder of the yr however stay vital. Thus, we anticipate
extra risk-averse customers to proceed to spend much less on in-person companies than they did pre-pandemic.”
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